648 Uplands DR NW

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$349,998

648 Uplands DR NW

The Uplands, Edmonton · MLS® E4504088

1,255 sq ft · Townhouse · Single Family · built 2026 · 70 days on market

listed by Wally Karout, Royal Lepage Arteam Realty

realtor's description

Welcome home to this brand new row house unit the “Sage II” Built by StreetSide Developments and is located in one of West Edmonton's newest premier communities of Uplands at Riverview. With over 1250 square Feet, it comes with a front landscaped yard and a single over sized rear detached parking pad. This opportunity is perfect for a young family or young couple. Your main floor is complete with upgrade luxury Vinyl Plank flooring throughout the great room and the kitchen. Highlighted in your new kitchen are upgraded cabinet and a tile back splash. The upper level has 3 bedrooms and 2 full bathrooms. This home also comes with a unfinished basement perfect for a future development. *** This home is under construction and the photos used are from the show home recently built colors may vary, home to be complete by December of this year ***

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,255 sq ft
parking: 0
year built: 2026
days on market: 70
MLS®: E4504088

features

See remarks
Park/reserve
See remarks

city assessment

$98,000

2026 assessment · market value as of July 1, 2025

Asking price is 257% above the assessment
Lot 149 m² (1,608 sq ft)

From City of Edmonton open data (property assessments), matched to 648 UPLANDS DRIVE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,016 a year

The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

monthly cost

$1,525/mo

Mortgage $1,525

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,525/ monthly

loan $279,998

25-year amortization

down payment20% · $70,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $177,474
land title fees: $730; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $70,730; down + land title fees
total paid: $457,472

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,880/mo
after all costs: $30/mo
cap rate: 5.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,525 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca